LongiTech to raise $36.5 million in share placement
LongiTech Smart Energy aims to generate aggregate net proceeds of HK$285 million ($36.46 million) via a new share placement in Hong Kong.
Renova to build 21.6 MW in central Japan
Japanese renewables developer Renova has wrapped up financing for a 21.6 MW solar array it plans to construct in Mie prefecture, near the Japanese city of Nagoya.
Moser Baer Solar asks Indian central bank to postpone loan repayment
Troubled PV module supplier Moser Baer Solar (MBSL) has asked the Central Bank of India to postpone its loan repayment schedule on claims that its business prospects have been damaged by a deluge of cheap Chinese PV modules that have flooded into the Indian market.
Vietnam to launch PV auctions with World Bank
The Vietnamese authorities, in cooperation with the World Bank, have revealed plans to launch a pilot auction program for solar projects, according to a local media report.
Vikram Solar commissions 80 MW in Gujarat, India
Vikram Solar has completed 80 MW of PV at two sites in Gujarat under India’s National Solar Mission.
Celsia to build 80 MW solar project in Colombia
The solar facility, which will be built in the department of Santander, will be the second large-scale PV project developed by the Colombian renewable energy company in the country
NREL: U.S. fixed-tilt solar plant costs fall to $1.03/watt-DC (with charts)
The U.S. government’s premier renewable energy lab has found a 30% fall in utility-scale solar costs year-over-year, leading to levelized costs of electricity competitive with combined cycle gas generation.
South Africa: All oustanding solar PPAs can find a workable solution
South African consultant and PV expert Chris Ahlfeldt has explained to pv magazine how the impasse of the outstanding PPAs of round 3.5 and 4 of the country’s REIPPPP program may affect solar PV less than other renewable energy technologies. The PPAs relate to twelve large-scale solar projects totaling 813 MW selected in round 4.
Finnair completes first PV installation at Scandinavian airport
Finnwind Oy has installed modules from Indian manufacturer Vikram Solar, a strategic partner for PV installation in Finland.
Goldman Sachs buys Mosaic’s solar loans worth $300 million
The US solar financing provider claims it has originated over $1 billon of loans for homeowners to date.
